Arsenal were founded as Dial Square in 1886 by workers at the Royal Arsenal in Woolwich , and were renamed Royal Arsenal shortly afterwards. They renamed themselves again to Woolwich Arsenal after turning professional in 1891. The club joined the Football League in 1893, starting out in the Second Division , and won promotion to the First Division in 1904. The club's relative geographic isolation resulted in lower attendances than those of other clubs, which led to the club becoming mired in financial problems and effectively bankrupt by 1910, when they were taken over by Henry Norris . Norris sought to move the club elsewhere, and in 1913, soon after relegation back to the Second Division, Arsenal moved to the new Arsenal Stadium inHighbury , North London; they dropped "Woolwich" from their name the following year. Arsenal only finished in fifth place in 1919, but nevertheless were elected to rejoin the First Division at the expense of local rivals Tottenham Hotspur , by reportedly dubious means. Arsenal captain Patrick Vieira lifts the 2003–04 Premier League trophy. Arsenal's players and fans celebrate their 2004 League title win with an open-top bus parade. Arsenal players (in yellow shirts, left) line up alongside FC Barcelona for the 2006 Champions League Final . In 1925, Arsenal appointed Herbert Chapman as manager. Chapman had already won the league twice with Huddersfield Town in 1923–24 and 1924–25 , and he brought Arsenal their first period of major success. His revolutionary tactics and training, along with the signings of star players such as Alex James and Cliff Bastin , laid the foundations of the club's domination of English football in the 1930s. Under his guidance Arsenal won their first major trophies – an FA Cup in 1929–30 and two League Championships, in 1930–31 and 1932–33 . In addition, Chapman was reportedly behind the 1932 renaming of the local London Underground station from "Gillespie Road" to "Arsenal ", making it the only Tube station to be named specifically after a football club.Chapman died suddenly of pneumonia in early 1934, leaving Joe Shaw and George Allison to carry on his successful work. Under their guidance, Arsenal won three more titles (1933–34 , 1934–35 and 1937–38 ) and an FA Cup (1935–36 ). As key players retired, by the decade's end, Arsenal had started to fade, and then the intervention of World War II meant competitive professional football in England was suspended. After the war, under Allison's successor Tom Whittaker , Arsenal enjoyed a second period of success, winning the league in 1947–48 and 1952–53 , and the FA Cup in 1949–50 . After that though, their fortunes waned; unable to attract players of the same calibre as they had in the 1930s, the club spent most of the 1950s and 1960s in trophyless mediocrity. Even former England captain Billy Wright could not bring the club any success as manager, in a stint between 1962 and 1966. Arsenal began winning silverware again with the surprise appointment of club physiotherapist Bertie Mee as manager in 1966. After losing two League Cup finals, they won the Inter-Cities Fairs Cup , their first European trophy, in 1969–70.This was followed by an even greater triumph: their first League and FA Cup double in 1970–71 . This marked a premature high point of the decade; the Double-winning side was soon broken up and the following decade was characterised by a series of near misses. Arsenal finished as First Division runners-up in 1972–73 , lost three FA Cup finals (1971–72 , 1977–78 and 1979–80 ) and lost the 1979–80 Cup Winners' Cup final on penalties . The club's only success during this time was an FA Cup win in 1978–79, with a last-minute 3–2 victory over Manchester United that is widely regarded as a classic. The return of former player George Graham as manager in 1986 brought a third period of glory. Arsenal won the League Cup in 1986–87 , Graham's first season in charge. This was followed by a League title win in 1988–89 , won with a last-minute goal in the final game of the season against fellow title challengers Liverpool . Graham's Arsenal won another title in 1990–91 , losing only one match, the FA Cup and League Cup double in 1992–93 and a second European trophy, the Cup Winners' Cup , in 1993–94 . Graham's reputation was tarnished when it was revealed that he had taken kickbacks from agent Rune Hauge for signing certain players, and he was sacked in 1995. His replacement, Bruce Rioch , lasted for only one season, leaving the club after a dispute with the board of directors.The club's success in the late 1990s and 2000s owes a great deal to the appointment of manager Arsène Wenger in 1996. Wenger brought new tactics, a new training regime and several foreign players who complemented the existing English talent. Arsenal won a second league and cup double in 1997–98 and a third in 2001–02 . In addition, the club reached the final of the 1999–00 UEFA Cup (losing on penalties to Galatasaray ), were victorious in the 2002–03 and 2004–05 FA Cups, and won the Premier League in 2003–04 without losing a single match, which earned the side the nickname "The Invincibles "; in all, the club went 49 league matches unbeaten, a national record Arsenal have finished in either first or second place in the league in eight of Wenger's eleven seasons at the club. They are one of only four teams (along with Manchester United , Blackburn Rovers and Chelsea ) to have won the Premier League since its formation in 1993, although they have failed to retain the title each time they have been champions. Arsenal had never progressed beyond the Champions League quarter-finals until 2005–06 ; in that competition they reached the final , the first club from London to do so in the competition's fifty-year history, where they were beaten 2–1 by FC Barcelona . In July 2006, they moved into their current stadium, the Emirates Stadium , after 93 years at Highbury. Arsenal Football Club (often simply known as Arsenal or The Arsenal, or by their nickname The Gunners) are an English professional football club based in Holloway, North London. They play in the Premier League and are one of the most successful clubs in English football, having won thirteen First Division and Premier League titles and ten FA Cups, and hold the record for the longest uninterrupted period in the English top flight. Arsenal were founded in 1886 and were the first Southern club to join the Football League, in 1893. They won their first major trophies in the 1930s, with five League Championship titles and two FA Cups. After a lean period in the post-war years they became the second club of the 20th century to win the League and FA Cup Double in 1970–71, and during the past twenty years have recorded a series of successes – in this time Arsenal have won a Cup Double, two further League and FA Cup Doubles, the Premier League title unbeaten, and became the first London club to reach the UEFA Champions League Final. The club's colours have traditionally been red and white, which have evolved through history. Similarly, the club have changed location over time; the team were initially founded in Woolwich, south-east London, and in 1913 they moved north across the city to Arsenal Stadium, Highbury. In 2006 they made a less drastic move to their current home, the Emirates Stadium in nearby Holloway. Arsenal have a large fanbase, who hold a string of long-standing rivalries with several other clubs; the most notable of these is with neighbours Tottenham Hotspur, with whom they regularly contest the North London derby. Arsenal are one of the richest clubs in English football (valued at over £600m as of 2008), and thanks to their stature, have regularly featured in portrayals of football in British culture. Arsenal Ladies are the most successful English club in women's football and are also affiliated with the club.